- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
HDFC Bank has finalized the sale of its remaining 1,80,00,000 equity shares in HDFC Education and Development Services Private Limited (HDFC Edu), corresponding to 9% of the company's paid-up capital, to Vama Sundari Investments (Delhi) Pvt. Ltd. This transaction, completed for Rs. 17.28 crore, marks the full divestment of HDFC Bank’s stake in HDFC Edu, following the previous sale of 91% completed earlier. This strategic move aligns with HDFC Bank’s objectives and may enhance its focus on core banking operations, providing a positive outlook for its future endeavors. Investors should watch closely as this could open avenues for reallocating resources towards growth initiatives.